Global Public Investment

International cooperation has never been more needed, but the current system of “aid” is outdated and ineffective. The concept of Global Public Investment (GPI) was developed to make the case that, because of its unique characteristics, concessional international public finance continues to have a critical role in responding to current and future global challenges, but that it has to evolve fit a new context. This is not just about transforming the aid debate: it represents a new paradigm of fiscal policy for the 21st century.

This is what the Expert Working Group was established to resolve. Given the urgency of this issue and the critical political moment the core task of the Expert Working Group on Global Public Investment (EWG-GPI) is to deliberate on the GPI concept, ensure that it is both representative and robust, and then make concrete proposals for implementing it.